secwatch.observer — SEC 8-K summary
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Issuer:     RANGE IMPACT, INC. (RNGE)
CIK:        0001438943
Form:       8-K
Filed at:   2024-10-15T23:59:59+00:00
Accession:  0001493152-24-041058
Event type: other_material
Sentiment:  negative
Materiality: 0.80
Item codes: 4.02
LLM model:  deepseek-v4-flash:cloud@v2

Range Impact restates Q1 2024 financials; net loss rises $462K due to invoice error
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- Audit Committee on Aug 7, 2024, concluded March 31, 2024 10-Q should no longer be relied upon.
- Error: $462,691 vendor invoice posted in April instead of March, understating expenses.
- Restated net loss increased from $751,149 to $1,213,840; liabilities rose by $462,691.
- Material weakness in internal control over financial reporting identified; disclosure controls ineffective.
- Form 10-Q/A filed Aug 8, 2024 to correct the financial statements.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1438943/000149315224041058/0001493152-24-041058-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1438943/000149315224041058/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-041058

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